Known oftentimes as AIG for short, American General Life And Accident Insurance Company is not named thus because they offer their insurance to American Generals. In this particular situation, this word general is referring to the other meaning of common to or current to the majority. Over four million Americans use American General Life and Accident Insurance Company to fit their insurance needs. They may use this for business or private use.
How Stable Is AIG?
Although great rates and incentives can be offered by any life insurance business, not all of them are going to hang around for the next few years. Look carefully before deciding on which insurance company you like; be sure it has secure financial ratings.
Many independent financial ratings act as a Consumer Reports of the financial world, with their "watchdog" attitude.
The top ratings companies include: Standard and Poors, FitchRatings, and Moody's Investors Service, which publish their ratings to the general public. They grade much like American school systems, with A as outstanding and F as failure.
American General Life and Accident Insurance Company has been given the A++ award continuously for many decades. Therefore; we can concede that this company is indeed financially grounded.